Here's how much Apple pays for iPhone 8 OLED screens

Apple has contracted Samsung to manufacture OLED screens dedicated to iPhone 8 and it seems that they have already signed the purchase contract with those from Samsung. According to some information that appeared during this day, those from Apple would have ordered 60 million OLED panels from the Samsung company, and their total value would be 4.3 billion dollars.

Apart from the current order, last year Apple ordered another 100 million OLED panels, and their value would be over 7 billion dollars. The number of OLED screens for iPhone 8 will directly influence the final production of terminals that the Apple company will have, so Samsung can earn a lot of money from the partnership.

If we were to do a quick calculation, we find that Apple will pay about 70 dollars for each OLED panel used to create screens dedicated to the iPhone 8. Samsung is the main producer of OLED screens for smartphones, and the partnership with Apple could affect production for other smartphone manufacturers, or even your own.

Samsung is also a traditional partner of Apple, manufacturing chips dedicated to the iPhone, iPad, or iPod Touch, as well as LCD screens. In recent years, Apple has been trying to reduce its dependence on Samsung, but for the iPhone 8 it seems that it will once again be forced to wait for Korean deliveries to be able to manufacture its devices for the summer or autumn.

"Samsung, a subsidiary of Samsung Electronics, has won a fresh deal with Apple to supply an additional 60 million units of organic light-emitting diode panels, worth 5 trillion won (US$4.3 billion), for the next-generation iPhone, according to news reports on Feb. 13. The new deal comes after the Korean display maker struck a deal last year supplying 100 million OLED display panels for the upcoming iPhone 8, the first iPhone to adopt an OLED screen, which is widely rumored to be launched in September this year. "

iphone 8 oled samsung apple